The top ten most expensive days in the Balancing Mechanism (BM) ever have occurred in the last three months, as costs soar to £967 million.
Power prices in Britain have spiked dramatically, with day-ahead auctions clearing at £731/MWh for today's evening peak amidst what industry analysts have labelled a "perfect shoulder month storm".
Industry urges government to set 'clear ambition' for green hydrogen in mixed bag of Hydrogen Strategy responses
Current± has compiled the responses of leading industry figures to the government's Hydrogen Strategy, released yesterday.
Companies, groups and charities operating in the energy and environmental space gave Current± their reactions to the Budget.
Chancellor Rishi Sunak unveiled the eagerly anticipated Budget this afternoon, including support for a “world-first” infrastructure bank and at least £15 billion in green bonds.
Net zero could provide a £350 billion investment opportunity for the energy sector, releasing untapped private capital.
An increase of 20GWh of battery storage could reduce the amount of wasted wind power in Great Britain by 50%, according to new analysis from LCP.